Strategic Blueprint LLC Acquires 1,391 Shares of DuPont de Nemours, Inc. $DD

Strategic Blueprint LLC raised its position in DuPont de Nemours, Inc. (NYSE:DD) by 16.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,735 shares of the basic materials company’s stock after purchasing an additional 1,391 shares during the period. Strategic Blueprint LLC’s holdings in DuPont de Nemours were worth $668,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of DD. Princeton Global Asset Management LLC boosted its holdings in DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 143 shares during the period. JNBA Financial Advisors boosted its holdings in DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 216 shares during the period. Valley National Advisers Inc. boosted its holdings in DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares during the period. WPG Advisers LLC bought a new position in DuPont de Nemours in the 1st quarter valued at $35,000. Finally, Ransom Advisory Ltd bought a new position in DuPont de Nemours in the 1st quarter valued at $40,000. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Stock Down 0.3%

DD opened at $81.01 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average price of $77.53 and a 200-day moving average price of $71.88. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $87.80. The stock has a market capitalization of $33.92 billion, a price-to-earnings ratio of -172.36, a PEG ratio of 2.45 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Monday, July 11th. The basic materials company reported $0.69 earnings per share for the quarter. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.02 billion during the quarter. Equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Insider Buying and Selling at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the transaction, the senior vice president directly owned 38,585 shares of the company’s stock, valued at $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 74,208 shares of company stock worth $5,714,861 over the last three months. 0.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. KeyCorp lifted their price objective on shares of DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, September 22nd. Citigroup boosted their price objective on shares of DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. Zacks Research lowered shares of DuPont de Nemours from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. BMO Capital Markets cut their target price on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday, September 19th. Finally, Wells Fargo & Company boosted their price objective on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. Nine equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average price target of $89.42.

About DuPont de Nemours

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.